Barclays Maintains Overweight on Lightspeed Commerce, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Overweight rating on Lightspeed Commerce (NYSE:LSPD) but lowers the price target from $20 to $17.
May 19, 2023 | 9:34 am
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Barclays maintains an Overweight rating on Lightspeed Commerce (NYSE:LSPD) but lowers the price target from $20 to $17.
The news directly mentions Lightspeed Commerce (LSPD) and its lowered price target by Barclays. While the Overweight rating is maintained, the reduced price target may have a neutral impact on the stock price in the short term as it indicates a lower expected return, but still suggests a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100